Subject: Re: Buybacks
"Indeed. The other explanation is that the buyback they did was for performative reasons, not financial ones."
Would be interesting if that is the case. It's never been our thing to do performative stuff for Wall Street but the small size of a single purchase certainly is odd. And Greg did basically say that going on CNBC and announcing it was a "one time time gift" but we have normally eschewed such behaviour :-) Again, they may have resumed buying in the second half of April and the price did drop a lot more at that time. Guess we need to wait another quarter to find out.